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there's a certain amount of uncertainty going into the election, obviously, zero interest rates, tax code changes imminent at some time, and a global market looking reasonably unsteady. if you think about the advisor view, it's a long one. they give assurance to their clients but we're finding all-time lows in the assurance they're going to need to provide to clients. we're seeing client advisors, and advisors tightly aligning around the long term plan. it's a little more bullish than the bearish sentiment we've been seeing. >> susie: meanwhile, in this period of upcertainly, take a look at what some of the investment choices have been, saying less money, and small cap stocks going into etfs, real estate and cash. what are your thoughts on this? >> the advisors are keenly focused on providing liquidity and transparency for clients. at the same time they're doing that, they need to bring a little more income into the portfolio. so you're starting to see alternatives. register alternatives, and real estate investment trusts. >> this is the first time since we've been doing the survey w
there's a certain amount of uncertainty going into the election, obviously, zero interest rates, tax code changes imminent at some time, and a global market looking reasonably unsteady. if you think about the advisor view, it's a long one. they give assurance to their clients but we're finding all-time lows in the assurance they're going to need to provide to clients. we're seeing client advisors, and advisors tightly aligning around the long term plan. it's a little more bullish than the...
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Oct 3, 2012
10/12
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year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after striding the structural issues the western economies are creating which above all is about innovation. >> but are they basic issues about spending that have to be addressed as well? >> yes. >> and where is significant efficiencies brought to bear in governance? where does that become -- which is a good idea, when does that become austerity? >> well -- >> reforming the state is essential, there was a financial crisis in 2008, but we, and i am on the left of politics, we stand, we should stand for reforming the state to meet modern needs as well as reforming the markets to make sure it doesn't crash, an
year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after...
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and of course one racing is far from the concerns of most ordinary greeks two years of constant taxes have traffic increased the number of families who can't even afford to raise their children on trees piece on to reports now on a charity trying to shield young people from the crisis. too young to understand why but on the front line of the debt crisis rampant unemployment in greece and the slashing of social benefits has left their parents with money to provide even their most basic of needs for may seem unthinkable has happened these children being taken into care. for during the past two years we have seen a large rise in the number of children coming to us because their families can't support them because taxes and prices have risen things like food clothing schooling and housing have become too expensive. before the financial crisis this children's village which is run by the organization s.o.s. children usually looked after kids who'd been the victims of abuse now they say almost all new cases are as a result of the debt crisis this center privately funded through donations is
and of course one racing is far from the concerns of most ordinary greeks two years of constant taxes have traffic increased the number of families who can't even afford to raise their children on trees piece on to reports now on a charity trying to shield young people from the crisis. too young to understand why but on the front line of the debt crisis rampant unemployment in greece and the slashing of social benefits has left their parents with money to provide even their most basic of needs...
WHUT (Howard University Television)
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Oct 9, 2012
10/12
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indonesia imposed a 20% export tax on the 14 ores earlier this year. the ministers failed to narrow their differences but agreed to continue talks over the issue. >>> all right ti. time now to check the world weather forecast. sayaka mori is standing by to tell us the latest on the typhoon. >> hi there. we've been keeping an eye on typhoon prapiroon situated 100 kilometers east of the philippines. prapiroon means god of rain. unlike the name, it's not going produce any heavy rain to any landmasses at least into the weekend. but it could certainly generate high waves and rough seas across the coast of northern luzon, eastern taiwan, and the sakashima islands from late wednesday. here's the projected path. it's going to move toward the west and veer back toward the east. so we are not sure where the system is going at this moment. we'll keep you posted on the storm's progress. as for the rest of east asia, nice, clear skies for much of japan today. we saw the coolest morning of the season in many locations, but temperatures will be rising to above season
indonesia imposed a 20% export tax on the 14 ores earlier this year. the ministers failed to narrow their differences but agreed to continue talks over the issue. >>> all right ti. time now to check the world weather forecast. sayaka mori is standing by to tell us the latest on the typhoon. >> hi there. we've been keeping an eye on typhoon prapiroon situated 100 kilometers east of the philippines. prapiroon means god of rain. unlike the name, it's not going produce any heavy rain...
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. >> 11 finance ministers in luxembourg agreed to pass a controversial tax on financial transactions. >> the nobel prize for physics goes to the scientists from france and the u.s. >> we began in greece where tens of thousands of angry protesters filled the streets of athens on tuesday to greet german chancellor angela merkel. >> it is her first visit there since the eurozone crisis erupted. she reaffirmed their commitment to keep the debt-ridden state inside your's single currency but offered no promise of further aid. >> a new report on the greek reform process is due next month, and in the meantime, greece is negotiating highly unpopular austerity measures. protesters blamed merkel. >> this morning's peaceful protest turned violent in their early afternoon. police used tear gas to disperse demonstrators. some 40,000 people took to the streets of athens to express their anger with the eu, the austerity measures, and the german chancellor. safely away from the protests, angela merkel said she understood the problems facing many greeks. she promised help as athens performs its health
. >> 11 finance ministers in luxembourg agreed to pass a controversial tax on financial transactions. >> the nobel prize for physics goes to the scientists from france and the u.s. >> we began in greece where tens of thousands of angry protesters filled the streets of athens on tuesday to greet german chancellor angela merkel. >> it is her first visit there since the eurozone crisis erupted. she reaffirmed their commitment to keep the debt-ridden state inside your's...
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Oct 5, 2012
10/12
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are you going to tax people ♪ if [ singing] bring down rates double down on the top down. simplify the code ♪ double double down. >> on the base. >> all over the internet as you can imagine. pretty clever. take as lot of work all right. >> on that note we move on and leave the debate behind. one final word. up next. scottish man dies and when he does he take the town whole language take the town whole language with him. 7 news >> in new jersey a mother and 5 chilen arekayfterumping toafetfrom the trd sty apartmenflamesraed th inside. t terfying mont we allaught on tape. here's the oldest one describe wagon happened. >> i jump out the window right there and landed right here on the awning and fell out rate here and help my family. >> people start coming. >>reporter: those people helped catch the rest of the family as you can see. first came 14-year-old girl tn th 8 and 9-yeaold then the year-old whoumped while holding on to her mother. amazing. family suffered bruises strains couple broken toe but obviously it could have been so much worse. >> contra costa county courts a
are you going to tax people ♪ if [ singing] bring down rates double down on the top down. simplify the code ♪ double double down. >> on the base. >> all over the internet as you can imagine. pretty clever. take as lot of work all right. >> on that note we move on and leave the debate behind. one final word. up next. scottish man dies and when he does he take the town whole language take the town whole language with him. 7 news >> in new jersey a mother and 5 chilen...
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Oct 8, 2012
10/12
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because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for your whole income portfolio. but- > > it's a little bit of a risk. > > yeah. there is more risk. it's in the safer area of your portfolio, but it offers more yield and a little bit more risk than traditional bonds. but for the right person it can be a nice way to enhance your yield. > > do these mlps track what's going on with oil or natural gas? > > not as much. when you think about how they function, essentially, if you own the pipeline, and companies run oil and gas through your pipeline, they're paying tolls. so you're like the tollbooth operator, and you charge them a certa
because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for...
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and the other one would go no he wants to raise taxes or we need regulation and the other one would say i agree so in the case of this debate being a read on a lot of things but the devil is in the details of course but if they tried to give details you know where is it got even more confusing but president obama's main argument was that mr romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still struggling to recover from now even more states president obama is leading in polls although by a small margin they are pretty much neck to neck in most polls but it's important to mention essentially to our non american audience that in the us a candidate might can win the majority of the popular vote and still lose the election because it's not the popular vote it's the so-called electoral college that's the size the outcome of the presidential election here and every state gives a candidate a certain number of points and the winner has to collect this magic number of two hundred seventy point
and the other one would go no he wants to raise taxes or we need regulation and the other one would say i agree so in the case of this debate being a read on a lot of things but the devil is in the details of course but if they tried to give details you know where is it got even more confusing but president obama's main argument was that mr romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still...
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Oct 2, 2012
10/12
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income taxes hit the rich. property tax increases hit everyone that owns property. it's going to get worse before it gets better in chicago. >>> all right. a french bank is selling a greek bank for one euro that it bought for $2.2 billion euros in 2006. >> it is the bank that would stand to lose the most. obviously it wants to reduce its exposure to greece at this stage. that bank we're talking about here to be sold for one euro is their greek unit. this is a bank that has not made a profit since 2006 when it was bought. i believe -- actually, that's wrong. there was one year in 2007 when it made a profit. this has basically been a bad investment. >>> okay. last chance to win in our street poll. who has a better chance of winning, mitt romney or the jets? we wlr have some results in. we're going to read them later on. don't go away. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd
income taxes hit the rich. property tax increases hit everyone that owns property. it's going to get worse before it gets better in chicago. >>> all right. a french bank is selling a greek bank for one euro that it bought for $2.2 billion euros in 2006. >> it is the bank that would stand to lose the most. obviously it wants to reduce its exposure to greece at this stage. that bank we're talking about here to be sold for one euro is their greek unit. this is a bank that has not...
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and the other one goes no he wants to raise taxes or we need regulation and the other one would say ah you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details and numbers it got even more confusing. well round one is done and dusted what's up next. we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is leading in polls although by a very small margin there are going pretty much next to neck but it's important to mention especially to our non american audience that in the us candidates might win the majority of the popular vote and still lose the election because the stock the popular vote is the so-called electoral college that decides the outcome of the presidential election here every state gives the candidates a certain number of points and the winner has to collect this metric number two hundred seventy point even if a candidate loses a state by just say three votes they get zero points
and the other one goes no he wants to raise taxes or we need regulation and the other one would say ah you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details and numbers it got even more confusing. well round one is done and dusted what's up next. we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is...
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for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually ask the more what should it do they get all vague. i think they should cancel a lot of the. sterritt a policy i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the kurdish and took office and they have been put into cold storage they could be this is buildings building schools building building houses hospitals all these projects that were cancelled because the government was cutting down its spending i think should be uncancel that i think they should be revived so you saying you've got to speculate to accumulate in a way not speculate spend you've got to spend because you see at the moment they're not meeting their deficit reduction targets they're not reducing the national debt in fact it's goi
for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually ask the more what should it do they get all vague. i think they should cancel a lot of the. sterritt a policy i think they should cancel the cuts in capital spending particularly and...
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underdog candidates lashed out over failed policies on realistic proposals on employment as well as taxes and health care things spiced up when romney weighed into the president's plan to cut the military budget for weakening national security but the director of the come home america group believes that when it comes to real combat power a line between them. but there are very different at all you know president obama as drone commander in chief using these kill war we will drones and we could ever imagine george bush if you started wars in in libya where there was no u.n. mandate. it was own. going to do the same thing is they're both in the free water table as far as attacking iran. russia is obama's encircled them obama's also encircled china he's also increased their military presence the united states and. all these military issues they're both of recipe for those of the u.s. military empire and i don't say you know one of them are coming back the military is going one of us historian gerald horne told us that it will be hard to choose the right or wrong candidate because there is a
underdog candidates lashed out over failed policies on realistic proposals on employment as well as taxes and health care things spiced up when romney weighed into the president's plan to cut the military budget for weakening national security but the director of the come home america group believes that when it comes to real combat power a line between them. but there are very different at all you know president obama as drone commander in chief using these kill war we will drones and we could...
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and the other one would grow we know he wants to raise taxes or we need regulation and the other one would say i agree so in the congress that this debate be agreed on a lot of things but the devil is in the details of course but if they try to get the tails and nowhere is it got even more confusing but in general my general impression was that romney as a former c.e.o. was kind of better at juggling the business talk he actually did better than many thought he would almost exclusively because that we coverage under president obama has been has been slow this country's running a huge deficit gigantic guess more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. but president obama's main argument was that mr romney wants to go back to the same policies that will end it if you were all for that matter. into the economic mess four years ago that everybody is still struggling to recover from a place you could. tell a small any gas as to who came out on top of that. well as spyros holds for now in most states president obama is leading in polls all the w
and the other one would grow we know he wants to raise taxes or we need regulation and the other one would say i agree so in the congress that this debate be agreed on a lot of things but the devil is in the details of course but if they try to get the tails and nowhere is it got even more confusing but in general my general impression was that romney as a former c.e.o. was kind of better at juggling the business talk he actually did better than many thought he would almost exclusively because...
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is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the consequences of what you essentially call it papering over of which. been a collapse after the panic of zero eight with fed policy and with stimulus and bailouts. well you're seeing it already with bernanke eased record low interest rates and saying that they're not going to go up there doing is they are flooding the economy with more cheap money and devaluing the dollar you know that i guess walking about gold sack how long now and what's gold you know it's it's seventeen seventy seven as we speak and here's our forecast by the way is gold closes out this week at over seventeen hundred and eighty dollars an ounce we're forecasting the next gold bull run because not only in the united states it's stimulus coming out of china right level and and gerald we're going to talk more about that after the break i do have to hit a quick one right now
is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the consequences of what you essentially call it papering over of which. been a collapse after the panic of zero eight with fed policy and with stimulus and bailouts. well you're seeing it already with bernanke eased record low interest rates and saying...
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and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said let's be easy inspiration for european leaders grappling with the euro crisis how do you respond to that well christine legarde and the i.m.f. generally and the pundits who have been supporting austerity as the proper solution for what ails the world's economies have been desperately seeking a success story and they think they have finally found one in latvia so we have all of these failures and there are some aspects of the latvian austerity story that one could read as a success we do have a return to economic growth after seeing this really huge collapse which occurred in two thousand and eight but of course there are big problems as well my short answer is that it's ideological they need an example that says we can pursue austerity as a solution for those economies who are seeing significant
and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said let's be easy inspiration for european leaders grappling with the euro crisis how do you respond to that well christine legarde and the i.m.f. generally and the pundits who have been supporting...
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these structural reforms does not necessarily cost money let's talk about corruption let's talk about tax evasion and let's not talk any more about read you seeing cutting additionally public sector salaries in additional social benefits journalist look at german our thanks very much for coming on our to today a great pleasure. well meantime in the u.k. the welfare cuts are hitting the poorest citizens the hardest letter r t were reports on how charities used to feeding children in africa being forced to step in in britain and then business or russia prepares to warm households in the u.k. and in europe. that's right and it's planning to do so by launching the second pipeline in the lord stream gas project correspondent retirement the bank will bring you all the details in about ten. of these stories and much much more after a quick break hoping you can stay with us in just a few minutes. flying north with me in this old soviet work course of a helicopter is dr vladimir brodsky and his team from the region's medical aviation service we head across ever more barren tundra higher and higher
these structural reforms does not necessarily cost money let's talk about corruption let's talk about tax evasion and let's not talk any more about read you seeing cutting additionally public sector salaries in additional social benefits journalist look at german our thanks very much for coming on our to today a great pleasure. well meantime in the u.k. the welfare cuts are hitting the poorest citizens the hardest letter r t were reports on how charities used to feeding children in africa being...
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is you can easily just blame it on austerity and then it kind of precludes any discussion of cuts or tax reform and countries that are really need it like the u.s. because you can just say austerity and people are programmed to go oh no austerity is bad we're going to be greece and you see people on both sides of the aisle. use this argument and before i move on to the next story i just want to bring up a tweet that a greek journalist tweeted i thought kind of summed it up even if merkel decides to write off the greece debt today foreign media will still see the twenty people who burned nazi flags and throw stones at the police i mean it's just kind of the always the focus of any kind of coverage that grace gets is going to have good pictures of people protesting throwing molotov cocktails but where we want to is going i misspoke for use the word from the use sorry but donna. before that i just thought of it now but anyway the point is that the r word you don't know i don't agree with joe nothing really really got me upset like you're going to say that really got me upset it really got m
is you can easily just blame it on austerity and then it kind of precludes any discussion of cuts or tax reform and countries that are really need it like the u.s. because you can just say austerity and people are programmed to go oh no austerity is bad we're going to be greece and you see people on both sides of the aisle. use this argument and before i move on to the next story i just want to bring up a tweet that a greek journalist tweeted i thought kind of summed it up even if merkel...
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and she's that has strong growth and then when she cut spending so hard and to raise taxes like b a t on ordinary consumers draws are one announced ten billion pounds of welfare cuts for twenty fifteen to sixteen and those will hit the poorest the most vulnerable hardest as the u.k. government introduces more cuts it's the little it's the least protected that take the biggest hit recent data suggest fifteen percent of children regularly go without hot meals and as artie's laura smith reports the spine intervention from charities things are only getting worse. for millions of children every year hunger is a death sentence this is save the children's usual campaign feeding starving youngsters in africa but times have changed and for the first time in its ninety three year history the charity has launched a major fundraising campaign here in britain. it's a watershed moment as recession hits the u.k.'s poorest children the hardest situation is pretty bleak for children and families out there in our children having to go without what we consider some basic essentials so for example new sh
and she's that has strong growth and then when she cut spending so hard and to raise taxes like b a t on ordinary consumers draws are one announced ten billion pounds of welfare cuts for twenty fifteen to sixteen and those will hit the poorest the most vulnerable hardest as the u.k. government introduces more cuts it's the little it's the least protected that take the biggest hit recent data suggest fifteen percent of children regularly go without hot meals and as artie's laura smith reports...
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through crowds of protesters and to help negotiate another austerity package is there anything left their tax cut. or the only thing left to go out is the umbilical cord of dependence of the begins. the greek people are heavily stricken by the bonuses and forced we have or around two thousand suicide. would serve to them by a financial or two only to go to motives the situation here is absolutely the war it's in their own words to grow. now new unemployment figures show they're now at the highest ever in the eurozone and in greece in particular one in five are out of a job how is the austerity push affecting that. well and sort of promoting unemployment for national destruction. distress shareholders was. sort of using to be showing more of the group people it's absolutely not helping the economy it's actually very new to the river. now athens this week unveiled its traffic budget for the next year and the sixth year of recession factored in why is the e.u. prescribing greece the same medicine if it doesn't work. well this is a very or. musicor suits for somebody to think it's rather difficul
through crowds of protesters and to help negotiate another austerity package is there anything left their tax cut. or the only thing left to go out is the umbilical cord of dependence of the begins. the greek people are heavily stricken by the bonuses and forced we have or around two thousand suicide. would serve to them by a financial or two only to go to motives the situation here is absolutely the war it's in their own words to grow. now new unemployment figures show they're now at the...
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Oct 9, 2012
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and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now. >> the dow jones industrial average went from 1500 to 750. that was cut in half. that certainly was a disaster. >> you mean the s&p? >> the s&p, excuse me, bill. nonetheless, bottom line is holding on from that point to here, you can say, yeah, does buy and hold still work? that's what everybody's interested in. i think the evidence is it certainly does, but you have to have long periods of time to look at it. i'm not so impressed that we're not anywhere where we were 12 years ago. if you invested on a regular basis from now through the bottom, i think you'll find you have not done so ba
and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now....
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there are other things, marketing, taxes, things like that. we don't know the cause but we know one thing, the oil companies fully integrated make more money when the price of gasoline is higher. so, it's certainly more than coincidental that the price of gasoline stays higher longer than the price of oil. there's no evidence to show that there's something -- that there's a legitimate effort by oil companies to keep gasoline prices higher. it is certainly suspicious and certainly profitable for the oil companies. >> sterling, what's going to get gas prices down? that's all people care about. they keep hearing oil prices are going down, yet they drive to the pump and pay $4.50 or $5 a gallon? >> well, you can work three end of it. you can work it, supply. you can work on demand. and we're doing both of those. and you can work it volatility, which is a huge, huge factor. as i said, gas -- most of the retailers in my area are independent retailers. they don't lock in long-term or can't lock in long-term oil/gasoline contracts. >> but how much --
there are other things, marketing, taxes, things like that. we don't know the cause but we know one thing, the oil companies fully integrated make more money when the price of gasoline is higher. so, it's certainly more than coincidental that the price of gasoline stays higher longer than the price of oil. there's no evidence to show that there's something -- that there's a legitimate effort by oil companies to keep gasoline prices higher. it is certainly suspicious and certainly profitable for...
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>>guest: and paying her vast salary which she pays no tax. the great battle happening in america, happening in europe, the battle of bureaucracy versus democracy. i want to get democracy back. people like these two in the i.m.f. should not be calling the shots. >>neil: do you get a sense, though, that all the world has an inflection point, more government, less government, and that if the united states, the election of ours in four weeks. >>guest: you can vote for a cabinet that goes to washington and fundamentally changes the tax structure, bureaucracy, the legislation in this country. what is happening in europe is nation-state democracy which has been subverted totally and given to people like the european president and it doesn't matter how we vote in a british general election because all we are doing is putting into ten downing street a manager. >>neil: some the characters, and you are an exception, they always blame us. listen to this, i know you have strong views on this, and some of you may be familiar. >> this crisis was not origina
>>guest: and paying her vast salary which she pays no tax. the great battle happening in america, happening in europe, the battle of bureaucracy versus democracy. i want to get democracy back. people like these two in the i.m.f. should not be calling the shots. >>neil: do you get a sense, though, that all the world has an inflection point, more government, less government, and that if the united states, the election of ours in four weeks. >>guest: you can vote for a cabinet...
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keep in mind on the ballot this fall, over 200 local tax hikes and governor has a $50 billion tax hike. state want to make surehis consumers know and voters know they're doing all they can to cut back on gas price. >> oh, my gosh. they're not doing all they can. get rid of this once and for you will. aaron, i love you. thanks for coming on. i'm a long time california native. i grew up there. i moved back there. i know all about the state. i'm criticizing my own folks. thanks for coming on. i appreciate it. >> i understand. okay, thank you. melissa: time now for today's energy report. breaking down the biggest headlines affecting industry and impacting the economy. first up, the u.s. supreme court will not hear chevron's appeal over damage claims in ecuador. amazon rainforest residents won a $18 billion judgement from ecuador court in 2011. chevron's subsidy, texaco was accused of committing environmental damage over an 18-year period. >>> clean energy investments dropped 20% in the third quarter compared to the same period last year. a new study says the industry is on pays for its fir
keep in mind on the ballot this fall, over 200 local tax hikes and governor has a $50 billion tax hike. state want to make surehis consumers know and voters know they're doing all they can to cut back on gas price. >> oh, my gosh. they're not doing all they can. get rid of this once and for you will. aaron, i love you. thanks for coming on. i'm a long time california native. i grew up there. i moved back there. i know all about the state. i'm criticizing my own folks. thanks for coming...
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seen a large rise in the number of children coming to us because their families can't support them as taxes and prices have risen things like food clothing schooling and housing have become too expensive. before the financial crisis this children's village which is run by the organization s.o.'s children usually looked after kids who'd been the victims of abuse now they say almost all new cases are as a result of the debt crisis this center privately funded through donations is also feeling the pinch. we've seen a significant drop off in donations people get what they can but that is getting worse and worse also we are taxed on what we receive making it more of a burden to buy things we moved like fuel for whom. the charity says there's been a seventy percent increase in requests for help this children's village is home to forty youngsters need to thessaloniki and is operating at close to maximum capacity i met one mother who asked not to be identified because of the stigma attached she says she was forced to give up her young daughter after losing her job. it was a non-food decision to hav
seen a large rise in the number of children coming to us because their families can't support them as taxes and prices have risen things like food clothing schooling and housing have become too expensive. before the financial crisis this children's village which is run by the organization s.o.'s children usually looked after kids who'd been the victims of abuse now they say almost all new cases are as a result of the debt crisis this center privately funded through donations is also feeling the...
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bring us along the same path that led to the economic disaster in two thousand and eight with huge tax cuts for the wealthy enormous deficits low unemployment rates and president obama has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed but what we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on those special interest. now political cartoonists and columnist ted rall says americans are seeking and new policy vision for the nation. it's very hard to tell to see how mitt romney can overcome the lead in the key swing states that obama currently enjoys which considering the state of the economy over the last four years is say something about the ineptitude of the romney campaign now that said he did outperform expectations last night and you know he's still in the game if he continues to surge and does better in the future debates it's possible that despite my vote it will be able to turn against obama and go for
bring us along the same path that led to the economic disaster in two thousand and eight with huge tax cuts for the wealthy enormous deficits low unemployment rates and president obama has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed but what we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on those special...
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president virtually all of the republican controlled states took that money and used it to pay for tax cuts for rich people average homeowners and most of the states saw another so when democrats proposed legislation to stop that prop practice and actually force them to use that money to really help all mothers the republicans blocked it in both the house and the senate because helping out of homeowners might have had a political benefit to president obama and we can't have. so here we are today wall street is doing better than ever and main street is still drowning in foreclosures problem is we didn't do it iceland and what ireland is about to do and that's helped the homeowners in fact that's exactly what franklin roosevelt did in one nine hundred thirty three to deal with a very similar housing crash to the one we're dealing with today during the housing bubble in the one nine hundred twenty s. banks handed out a bunch of three and five year mortgages to americans who were riding high on the bubble of the roaring twenty's but after the housing market collapsed forcing the nation int
president virtually all of the republican controlled states took that money and used it to pay for tax cuts for rich people average homeowners and most of the states saw another so when democrats proposed legislation to stop that prop practice and actually force them to use that money to really help all mothers the republicans blocked it in both the house and the senate because helping out of homeowners might have had a political benefit to president obama and we can't have. so here we are...
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significant drop off in donations people get what they can but that is getting worse and worse also we are taxed on what we receive making it more of a burden to buy things we need like fuel for whom. the charity says there's been a seventy percent increase in requests for help this children's village is home to forty youngsters near to thessaloniki and it's operating at close to maximum capacity i met one mother who asked not to be identified because of the stigma attached she says she was forced to give up her young daughter after losing her job . it was a norful decision to have to make what could i do there was no money and no work i asked her if she thought they would ever be reunited as a family i know things are going from bad to worse here it could be ten years before greece is back feet s.o.'s children makes a point of trying to keep youngsters in contact with their biological parents for this family that means one emotional meeting once a month. organizations like this one of becoming increasingly important to help protect a generation of children ripped from their families due to gree
significant drop off in donations people get what they can but that is getting worse and worse also we are taxed on what we receive making it more of a burden to buy things we need like fuel for whom. the charity says there's been a seventy percent increase in requests for help this children's village is home to forty youngsters near to thessaloniki and it's operating at close to maximum capacity i met one mother who asked not to be identified because of the stigma attached she says she was...
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and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies encourage job growth and i have five things i'll do, you've heard me describe them time and again. but five things i'll do that will get jobs growing in this country again and growing right here in this part of virginia as well because number one on my list is to take full advantage of all our energy resources, our oil, coal, gas, our nuclear, our renewables. and i know you care a lot more about coal than the other ones i mention sod let me remind you that when the president was running for office, he said that if you built a new coal fire plant why you go bankrupt. and the head of the epa has also said that the regulations on burning coal are now so stringent it's virtually impossi
and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies encourage job growth and i have five things i'll do, you've heard me describe them time and again. but five things i'll do that will get jobs...
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long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. . well it is russia which could warm households in the u.k. and europe with gas flowing directly along the bottom of all our business has to be . absolutely crushed. wants a second pipeline in the north sea. that brings gas to europe of course wanted me to. bring up. here as the reelected venezuelan president hugo chavez secures a comfortable victory in a crucial vote for the nation. stories are much much more for you in just a few minutes after this short break. if you're passing through rushes to veer region you really can walk on the wild side thousands of kilometers of unspoilt countryside make up an area where it's still possible to live off the land such spectacular scenery makes it a paradise for fisherman and provides a business opportunity for hunters there are defined hunting seasons in russia but lax enfo
long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. . well it is russia which could warm households in the u.k. and europe with gas flowing directly along the bottom of all our business has to be . absolutely crushed. wants a second pipeline in the north sea. that brings...
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is simply afraid to compete on the open market after all geishas from washington accuse china's top tax companies of spying on america. in the russian capital you're watching r t with me marina joshie welcome to the program tensions are running high greece over the state of the country's disintegrating economy labor unions are promising to bring more people onto the streets despite a police baton posed in protest ahead of a visit by german chancellor angela merkel seven thousand policemen have now been deployed in the city to ensure call merkel's visit is seen as crucial for the country's government as it has been given until next week to the liver on its promises to the international monetary fund ever once to ensure its next bailout athens based attorney and professor of constitutional law george to trivialise says the rights of the greek people are being further eroded. for the first time we've something new. government because this. is the first thing we should do the. combined with. food i think the issue of what is true let's go there without the us is the third most is going to b
is simply afraid to compete on the open market after all geishas from washington accuse china's top tax companies of spying on america. in the russian capital you're watching r t with me marina joshie welcome to the program tensions are running high greece over the state of the country's disintegrating economy labor unions are promising to bring more people onto the streets despite a police baton posed in protest ahead of a visit by german chancellor angela merkel seven thousand policemen have...
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long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. london. he's reelected venezuelan president hugo chavez secures a comfortable victory in a crucial vote for the nation. part of the story and many many more to come in just a few months short break from. which is slow often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that your software's of course are on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass and his horses weren't there sometimes he gets lonely here but horses have become part of me now i've fallen off so many times sometimes. it's part of my every day life. i home suburban home to a rats local just laugh for centuries most still live off the low end cattle and fish . if you might call it is often called the pearl of siberia a horn is said to be the pearl
long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. london. he's reelected venezuelan president hugo chavez secures a comfortable victory in a crucial vote for the nation. part of the story and many many more to come in just a few months short break from. which is slow...
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he proposed it after the governor's attempt to raise the tax failed. he said one of the advantages of a county tax is that the county gets to keep all the money. in the district, some drivers have a hard time figuring out all the traffic circles. in this case, a guy named josh ritz caught it on cam raffle this is logan circle yesterday afternoon. somebody took a shortcut and drove through the circle. around the sidewalk and then back out on rhode island avenue. somebody did call the cops but we don't know what happened after that. and there he goes. >>> cameras didn't scare off a so-called bunch of bullies at a maryland high school. they were so bold they attack a teenager right in front of a tv news crew. preston dean is a sophomore at brunswick high school in frederick county. he was suspended for fighting back against a bully. yesterday he was doing an interview with the hagerstown tv station when he was attacked again. right before the cameras started rolling. >> the student came up to me. >>> this happened yesterday in the gaithersburg area. jacki
he proposed it after the governor's attempt to raise the tax failed. he said one of the advantages of a county tax is that the county gets to keep all the money. in the district, some drivers have a hard time figuring out all the traffic circles. in this case, a guy named josh ritz caught it on cam raffle this is logan circle yesterday afternoon. somebody took a shortcut and drove through the circle. around the sidewalk and then back out on rhode island avenue. somebody did call the cops but we...
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long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. london. it was a tough political battle but charges again proved his socialism gender in venezuela enjoys strong popular support as he was reelected president for fourth time the polls massive turnout of over eighty percent showed just how crucial the vote was for the nation here's our correspondent in caracas lucy conference without all the details. we're standing here on the streets of caracas just hours after president. as the winner in this election you will be leading the country for another six years after millions of venezuelans have their ballots now a shot a victory likely ensures that the current programs the president has put into place will continue the so-called twenty first century socialism experiments help improve life for many of the poor many of whom are gathered here while the celebrations have be
long campaign the institute for fiscal studies says in the next ten years based on current government tax and benefit policies eight hundred thousand more children will be dragged into poverty eradicating all the gains that have been made in the last ten years laura smith r.t. london. it was a tough political battle but charges again proved his socialism gender in venezuela enjoys strong popular support as he was reelected president for fourth time the polls massive turnout of over eighty...
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Oct 8, 2012
10/12
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it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now there are indirect jobs, too, expected to be built around this facility because they want to build up the area. now the biggest question is supply/demand. new jersey's been absolutely cannibalized by what they've added in mad added in pennsylvania. next spring they'll open their fourth casino. eventually they'll open one of these things and it is not going to do well, but right now there is a demand for it. >> it is definitely hopping there. brian schactman, have a good time. spend some money. >>> so are casinos a good bet for a community? for your community perhaps? joining us, jim rubens, chair of the granite state coalition against expanding gambling. on the cnbc news line, judy patt
it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now there are indirect jobs, too, expected to be built around this facility because they want to build up the area. now the biggest question is...
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austerity so then it kind of freaks anybody out when there are any real discussions about budget cuts or tax reform in economies that. meet them one being the u.s. i would argue but then anytime their proposed whether they're good or bad they kind of get a headline of austerity that freaks people out but the situation in greece greece got shut out of the private markets and could no longer borrow in the market so that forced greece into this situation where it's getting bailed out by other countries and being subject to their programs which mandate cuts they mandate reforms and they mandate that the money that they're spending is going to servicing this enormous huge debt that can never be paid so of course with with cuts and with the money they're spending going to servicing this huge debt obviously that's where government spending is going it's not going to be helping the economy so that's a very specific type of austerity and it's not the same thing as saying ok these are the priorities in our country in terms of what we think was going on in. the media likes to truncate issues to a very
austerity so then it kind of freaks anybody out when there are any real discussions about budget cuts or tax reform in economies that. meet them one being the u.s. i would argue but then anytime their proposed whether they're good or bad they kind of get a headline of austerity that freaks people out but the situation in greece greece got shut out of the private markets and could no longer borrow in the market so that forced greece into this situation where it's getting bailed out by other...
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should we have tax reform?
should we have tax reform?